ADVOKATFIRMA REMMAN AS: årsregnskap 2017 vs 2016
Grew 181% on revenue, stronger earnings
approved 2018-04-21; registry 2018-05-02; journal 2018 292990
Summary
What changed
Comparing Årsregnskap 2017 with 2016 for ADVOKATFIRMA REMMAN AS. Revenue 641.3k NOK → 1.80m NOK (+180.6%). Net result 0 NOK → +576.1k NOK. Equity 165.1k NOK → 1.74m NOK.
On the constructive side: revenue rose; operating result improved; net result improved. Pressures included: cash fell.
Also worth watching: payroll increased; cogs fell. All figures are taken from the published annual accounts for ADVOKATFIRMA REMMAN AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 641.3k NOK to 1.80m NOK (+180.6% YoY). Calculated
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Operating result improved
Operating result +22.5k NOK → +766.1k NOK (op. margin 3.5% → 42.6%). Calculated
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Net result improved
Net result 0 NOK → +576.1k NOK (net margin 0.0% → 32.0%). Calculated
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Equity strengthened
Book equity 165.1k NOK → 1.74m NOK (equity ratio 62.4% → 76.1%). Calculated
What deteriorated
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↓
Cash fell
Bank deposits 758.2k NOK → 659.5k NOK (-13.0% YoY). Calculated
Things to notice
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·
Payroll increased
Salary cost 266.4k NOK → 611.2k NOK (42% → 34% of revenue). Calculated
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·
COGS fell
COGS / varekostnad 903.0k NOK → 159.2k NOK (-82.4% YoY). Calculated